HK Stock Market Move | IMPRO PRECISION (01286) rises by more than 8% again, planning to spin off the aviation, energy, and medical terminal sectors for independent listing.
Eagle Precision (01286) surged by over 8% again, with a 7.95% increase as of the time of writing, reaching 8.42 Hong Kong dollars, with a trading volume of 9.6623 million Hong Kong dollars.
IMPRO PRECISION (01286) surged more than 8% again, as of the time of writing, it was up 7.95% to HK$8.42, with a turnover of HK$96.623 million.
On the news front, IMPRO PRECISION released its annual results, with revenue reaching HK$5.096 billion, an 8.7% year-on-year increase; shareholders' net profit was HK$726 million, a 12.7% year-on-year increase, and adjusted shareholders' net profit was HK$689 million, a 12.1% year-on-year increase, reaching a historical high. During the year, the development of artificial intelligence continued to be strong, driving continued growth in demand for related data centers.
In addition, IMPRO PRECISION mentioned in the performance announcement that the group is continuously evaluating the possibility of independently listing the aviation, energy, and medical end sectors, as well as considering other feasible financing options to support future capacity and technology category expansion, and to make forward deployments for the long-term sustainable development of the aviation sector.
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